Mastering Money 12/12/18
How long will you stay in one particular investment? Legendary investor Warren Buffett rarely sells a stock he owns and doesn’t get rattled by market fluctuations. The idea of finding agreeable stocks or stock indexes and holding them generally is referred to as a “buy-and-hold” strategy. Warren Buffett likes long-term investments, but he could never be classified as simply a buy-and-hold investor. He is a classic strategy-first, analysis-first investor who eliminates far more stocks than he buys— through a thorough screening process. Once he has found his “diamonds in the rough” he holds them until they sparkle. As a matter of fact, he has always said that his favorite holding period is “forever.” Buffett epitomizes what is known as a “bottom-up” analyst. “Bottom-up” and “top-down” investing are vastly different ways to analyze and invest in stocks, and today we’ll review them to help make YOU a smarter investor. You don’t want to miss today’s show MASTERING MONEY is on the air!